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513 Locust St

Kannapolis, NC 28081

2 bd 1 ba 834 sqft Built 1932 Lot 17,860 sqft single_family
Most recent sale
$160,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $160,000 MLS #3894175
Sep 14, 2022 Price changed $165,000 MLS #3894175
Aug 30, 2022 Price changed $170,000 MLS #3894175
Aug 12, 2022 Listed $175,000 MLS #3894175
May 30, 2021 Listed for rent $900 AppfolioUnits
Mar 11, 2019 Listing removed $800 AppfolioUnits
Feb 25, 2019 Listed for rent $800 AppfolioUnits
Mar 17, 2016 Listing removed $645 AppfolioUnits
Mar 10, 2016 Listed for rent $645 AppfolioUnits
Jun 17, 2013 Listing removed $475 CanopyMLS
May 15, 2013 Listed for rent $475 CanopyMLS
May 31, 2012 Listing removed $500 CanopyMLS
Apr 12, 2012 Listed for rent $500 CanopyMLS
Mar 27, 2012 Listing removed $525 CanopyMLS
Feb 16, 2012 Listed for rent $525 CanopyMLS
Jun 6, 2008 Sold $28,000 MLS #773230
May 12, 2008 Listed $32,000 MLS #773230

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $124,160 $28,314 $152,474 $1,737
2023 $124,160 $28,314 $152,474 $1,844
2022 $26,849 $21,780 $48,629 $626
2020 $26,849 $21,780 $48,629 $626
2019 $26,849 $21,780 $48,629 $626
2018 $22,330 $21,780 $44,110 $562
2017 $22,330 $21,780 $44,110 $562
2016 $22,330 $21,780 $44,110 $562
2015 $22,330 $21,780 $44,110 $562
2014 $22,984 $18,150 $41,134 $506
2013 $22,984 $18,150 $41,134 $479
2012 $22,984 $18,150 $41,134 $479
2011 $22,984 $18,150 $41,134 $451
2010 $25,226 $18,150 $43,376 $464

Property facts

Year built
1932
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
834 sqft
Lot size
17,860 sqft
ZIP code
28081
City
Kannapolis
Street
Locust St
Coordinates
35.51079, -80.62405

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,126
Gross rental yield
8.45%
Implied cap rate
5.49%
Trend-extrapolated value

Frequently asked questions

When did 513 Locust St last sell?
513 Locust St most recently sold on Oct 17, 2022 for $160,000.
What is the current tax assessment for 513 Locust St?
The most recent total assessment for 513 Locust St (year 2025) is $152,474 with $1,737 in property tax.
How does 513 Locust St's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $160,000.
When was 513 Locust St built?
513 Locust St was built in 1932.
How does 513 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 513 Locust St?
513 Locust St is a 2 bed, 1 bath, 834 sqft, 17,860 sqft lot single_family.
Is 513 Locust St a flip candidate?
No — 513 Locust St does not appear in our flips dataset.
Is 513 Locust St a tax-appeal candidate?
No — 513 Locust St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$299.4K
2026 Q4
$302.1K
ZIP 28081 — Median Price History + Forecast

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